Periodic tax compliance & review

Periodic tax compliance covers the declaration and payment of the taxes that arise — VAT monthly or quarterly, provisional quarterly corporate income tax and annual finalisation within 90 days of the financial year end, personal income tax and foreign contractor tax — within the deadlines set by the Law on Tax Administration. In parallel, a tax health check reviews books, tax filings and material transactions in depth to identify errors, non-deductible costs or accumulated risk before a tax inspection or audit, or ahead of an M&A transaction. It is the tool that lets an enterprise control its tax position proactively rather than react to it.

• Preparing and filing monthly and quarterly VAT returns on time
• Quarterly provisional CIT payments and annual CIT finalisation (within 90 days of the financial year end)
• Declaring, withholding and paying personal income tax and foreign contractor tax where applicable
• Reviewing invoices, supporting documents and deductible expenses before finalisation
• Tax health checks, periodically or ahead of an inspection or audit
• Tax due diligence in support of enterprise valuation in M&A
• Support with explanations and with working with the tax authority during inspections and audits
• Updates on changes to tax policy and filing deadlines under new legislation